Note 6 - Loans (Tables)

9 Months Ended

Sep. 30, 2014

Receivables [Abstract]

Outstanding Loan Balances [Table Text Block]

	September 30,			December 31,
(Dollars in thousands)	2014			2013
Commercial	$	160,024		$	170,429
Real estate – construction loans		25,579			18,545
Real estate – commercial (investor)		216,204			205,384
Real estate – commercial (owner occupied)		105,889			83,976
Real estate – ITIN loans		53,805			56,101
Real estate – mortgage		13,779			14,590
Real estate – equity lines		45,050			45,462
Consumer		28,998			3,472
Other		367			36
Gross portfolio loans	$	649,695		$	597,995
Less:
Deferred loan costs, net		(184	)		(303	)
Allowance for loan losses		10,400			14,172
Net portfolio loans	$	639,479		$	584,126

Past Due Financing Receivables [Table Text Block]

													Recorded
	30-59		60-89		Greater								Investment >
	Days Past		Days Past		Than 90		Total Past						90 Days and
(Dollars in thousands)	Due		Due		Days		Due		Current		Total		Accruing
September 30, 2014
Commercial	$	655	$	1,950	$	-	$	2,605	$	157,419	$	160,024	$	-
Commercial real estate:
Construction		-		-		-		-		25,579		25,579		-
Other		67		-		8,516		8,583		313,510		322,093		-
Residential:
1-4 family		767		240		3,445		4,452		63,132		67,584		-
Home equities		283		-		25		308		44,742		45,050		-
Consumer		-		-		-		-		29,365		29,365		-
Total	$	1,772	$	2,190	$	11,986	$	15,948	$	633,747	$	649,695	$	-

													Recorded
	30-59		60-89		Greater								Investment >
	Days Past		Days Past		Than 90		Total Past						90 Days and
(Dollars in thousands)	Due		Due		Days		Due		Current		Total		Accruing
December 31, 2013
Commercial	$	-	$	-	$	-	$	-	$	170,429	$	170,429	$	-
Commercial real estate:
Construction		-		-		-		-		18,545		18,545		-
Other		-		-		-		-		289,360		289,360		-
Residential:
1-4 family		3,125		436		3,167		6,728		63,963		70,691		-
Home equities		131		25		-		156		45,306		45,462		-
Consumer		-		-		-		-		3,508		3,508		-
Total	$	3,256	$	461	$	3,167	$	6,884	$	591,111	$	597,995	$	-

Impaired Financing Receivables [Table Text Block]

	As of September 30 2014
			Unpaid
	Recorded		Principal		Related
(Dollars in thousands)	Investment		Balance		Allowance
With no related allowance recorded:
Commercial	$	5,381	$	9,294	$	-
Commercial real estate:
Other		11,121		15,649		-
Residential:
1-4 family		9,163		11,905		-
Home equities		310		316		-
Consumer		-		-		-
Total with no related allowance recorded	$	25,975	$	37,164	$	-
With an allowance recorded:
Commercial		3,269		3,273		290
Commercial real estate:
Other		844		844		9
Residential:
1-4 family		3,671		3,804		642
Home equities		584		584		292
Total with an allowance recorded	$	8,368	$	8,505	$	1,233
Subtotal:
Commercial	$	8,650	$	12,567	$	290
Commercial real estate	$	11,965	$	16,493	$	9
Residential	$	13,728	$	16,609	$	934
Consumer	$	-	$	-	$	-
Total impaired loans	$	34,343	$	45,669	$	1,233

	As of December 31 2013
	Recorded		Principal		Related
(Dollars in thousands)	Investment		Balance		Allowance
With no related allowance recorded:
Commercial real estate:
Other	$	15,736	$	18,184	$	-
Residential:
1-4 family		3,714		6,091		-
Home equities		539		545		-
Total with no related allowance recorded	$	19,989	$	24,820	$	-
With an allowance recorded:
Commercial	$	6,590	$	6,808	$	2,988
Commercial real estate:
Other		6,011		6,020		814
Residential:
1-4 family		8,805		9,804		963
Home equities		746		746		229
Total with an allowance recorded	$	22,152	$	23,378	$	4,994
Subtotal:
Commercial	$	6,590	$	6,808	$	2,988
Commercial real estate	$	21,747	$	24,204	$	814
Residential	$	13,804	$	17,186	$	1,192
Total impaired loans	$	42,141	$	48,198	$	4,994

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

	September 30,		December 31,
(Dollars in thousands)	2014		2013
Commercial	$	7,065	$	6,527
Commercial real estate:
Other		9,896		14,539
Residential:
1-4 family		7,438		8,217
Home equities		89		513
Total	$	24,488	$	29,796

Average Recorded Investment And Interest Income Recognized On Impaired Loans By Loan Class [Table Text Block]

	Three Months Ended				Three Months Ended
	September 30, 2014				September 30, 2013
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
(Dollars in thousands)	Investment		Recognized		Investment		Recognized
Commercial	$	6,511	$	13	$	10,606	$	38
Commercial real estate:
Other		15,326		31		20,954		45
Residential:
1-4 family		12,197		30		14,092		18
Home equities		1,155		8		1,233		11
Consumer		29		-		-		-
Total	$	35,218	$	82	$	46,885	$	112

	Nine Months Ended				Nine Months Ended
	September 30, 2014				September 30, 2013
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
(Dollars in thousands)	Investment		Recognized		Investment		Recognized
Commercial	$	5,848	$	15	$	6,665	$	58
Commercial real estate:
Other		18,060		213		25,413		200
Residential:
1-4 family		12,179		83		14,285		58
Home equities		1,238		25		789		18
Consumer		19		-
Total	$	37,344	$	336	$	47,152	$	334

Newly Restructured Loans [Table Text Block]

	For the three months ended September 30, 2014								For the three months ended September 30, 2013
					Rate &								Rate &
			Rate &		Payment						Rate &		Payment
(Dollars in thousands)	Rate		Maturity		Deferral		Total		Rate		Maturity		Deferral		Total
Commercial	$	-	$	5,165	$	-	$	5,165	$	-			$	-	$	-
Commercial real estate:
Other		-		-		-		-		-		6,057		-		6,057
Residential:
1-4 family		57		-		38		95		73		-		274		347
Home equities		-		-		-		-		-		91		-		91
Total	$	57	$	5,165	$	38	$	5,260	$	73	$	6,148	$	274	$	6,495

	For the nine months ended September 30, 2014								For the nine months ended September 30, 2013
					Rate &								Rate &
			Rate &		Payment						Rate &		Payment
(Dollars in thousands)	Rate		Maturity		Deferral		Total		Rate		Maturity		Deferral		Total
Commercial	$	-	$	5,165	$	-	$	5,165	$	-	$	-	$	-	$	-
Commercial real estate:
Other		-		-		-		-		-		6,057		-		6,057
Residential:
1-4 family		209		-		39		248		490		208		389		1,087
Home equities		-		-		-		-		-		163		-		163
Total	$	209	$	5,165	$	39	$	5,413	$	490	$	6,428	$	389	$	7,307

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	For the three months ended September 30, 2014						For the three months ended September 30, 2013
			Pre-		Post-				Pre-		Post-
			Modification		Modification				Modification		Modification
			Outstanding		Outstanding				Outstanding		Outstanding
(Dollars in thousands)	Number of		Recorded		Recorded		Number of		Recorded		Recorded
Troubled Debt Restructurings	Contracts		Investment		Investment		Contracts		Investment		Investment
Commercial		2	$	9,070	$	9,070		-	$	-	$	-
Commercial real estate:
Other		-		-		-		2		6,002		6,057
Residential:
1-4 family		2		113		113		3		292		280
Home equities		-		-		-		1		91		91
Total		4	$	9,183	$	9,183		6	$	6,385	$	6,428

	For the nine months ended September 30, 2014						For the nine months ended September 30, 2013
			Pre-		Post-				Pre-		Post-
			Modification		Modification				Modification		Modification
			Outstanding		Outstanding				Outstanding		Outstanding
(Dollars in thousands)	Number of		Recorded		Recorded		Number of		Recorded		Recorded
Troubled Debt Restructurings	Contracts		Investment		Investment		Contracts		Investment		Investment
Commercial		2	$	9,070	$	9,070		-	$	-	$	-
Commercial real estate:
Other		-		-		-		2		6,002		6,057
Residential:
1-4 family		4		263		267		11		985		1,041
Home equities		-		-		-		2		165		166
Total		6	$	9,333	$	9,337		15	$	7,152	$	7,264

Financing Receivables Modified As Troubled Debt Restructurings With Payment Default [Table Text Block]

	For the three months ended				For the three months ended
(Dollars in thousands)	September 30, 2014				September 30, 2013
Troubled Debt Restructurings	Number of		Recorded		Number of		Recorded
that Subsequently Defaulted	Contracts		Investment		Contracts		Investment
Commercial		-		-		-		-
Commercial real estate:
Other		-		-		-		-
Residential:
1-4 family		1	$	53		8	$	592
Total		1	$	53		8	$	592

	For the nine months ended				For the nine months ended
(Dollars in thousands)	September 30, 2014				September 30, 2013
Troubled Debt Restructurings	Number of		Recorded		Number of		Recorded
that Subsequently Defaulted	Contracts		Investment		Contracts		Investment
Commercial		-	$	-		1	$	447
Commercial real estate:
Other		-		-		1		734
Residential:
1-4 family		2		139		8		592
Total		2	$	139		10	$	1,773

Financing Receivable Credit Quality Indicators [Table Text Block]

	September 30, 2014
(Dollars in thousands)	Performing		Nonperforming		Total
Commercial	$	152,959	$	7,065	$	160,024
Commercial real estate:
Construction		25,579				25,579
Other		312,197		9,896		322,093
Residential:
1-4 family		60,146		7,438		67,584
Home equities		44,961		89		45,050
Consumer		29,365		-		29,365
Total	$	625,207	$	24,488	$	649,695

	December 31, 2013
(Dollars in thousands)	Performing		Nonperforming		Total
Commercial	$	163,902	$	6,527	$	170,429
Commercial real estate:
Construction		18,545		-		18,545
Other		274,821		14,539		289,360
Residential:
1-4 family		62,474		8,217		70,691
Home equities		44,949		513		45,462
Consumer		3,508		-		3,508
Total	$	568,199	$	29,796	$	597,995

Financing Receivable Credit Quality Indicator [Table Text Block]

	September 30, 2014
					Special
(Dollars in thousands)	Pass		Watch		Mention		Substandard		Doubtful		Total
Commercial	$	118,702	$	23,440	$	4,254	$	13,628	$	-	$	160,024
Commercial real estate:
Construction		20,990		4,589		-		-		-		25,579
Other		282,190		25,526		900		13,477		-		322,093
Residential:
1-4 family		55,111		-		-		12,473		-		67,584
Home equities		41,069		2,889		-		1,092		-		45,050
Consumer		28,936		370		22		37		-		29,365
Total	$	546,998	$	56,814	$	5,176	$	40,707	$	-	$	649,695

	December 31, 2013
					Special
(Dollars in thousands)	Pass		Watch		Mention		Substandard		Doubtful		Total
Commercial	$	131,042	$	24,274	$	7,177	$	7,936	$	-	$	170,429
Commercial real estate:
Construction		18,048		497		-		-		-		18,545
Other		247,656		18,343		2,309		21,052		-		289,360
Residential:
1-4 family		56,832		1,340		-		12,519		-		70,691
Home equities		41,147		2,311		25		1,979		-		45,462
Consumer		3,307		38		130		33		-		3,508
Total	$	498,032	$	46,803	$	9,641	$	43,519	$	-	$	597,995

Allowance for Credit Losses on Financing Receivables [Table Text Block]

	As of September 30, 2014
				Commercial
(Dollars in thousands)	Commercial			Real Estate			Consumer			Residential			Unallocated			Total
Allowance for credit losses:
Beginning balance	$	7,057		$	2,784		$	35		$	2,493		$	1,803		$	14,172
Charge offs		(4,105	)		(2,525	)		(1	)		(313	)		-			(6,944	)
Recoveries		500			1			-			171			-			672
Provision		(9	)		3,991			327			(148	)		(1,661	)		2,500
Ending balance	$	3,443		$	4,251		$	361		$	2,203		$	142		$	10,400
Ending balance ALLL for receivables individually evaluated for impairment	$	9		$	290		$	-		$	934		$	-		$	1,233
Ending balance ALLL for receivables collectively evaluated for impairment	$	3,433		$	3,961		$	362		$	1,269		$	142		$	9,167
Financing receivables
Ending balance	$	160,024		$	347,672		$	29,365		$	112,634		$	-		$	649,695
Ending balance receivables individually evaluated for impairment	$	8,650		$	11,965		$	-		$	13,728		$	-		$	34,343
Ending balance receivables collectively evaluated for impairment	$	151,374		$	335,707		$	29,365		$	98,906		$	-		$	615,352

	As of December 31, 2013
				Commercial
(Dollars in thousands)	Commercial			Real Estate			Consumer			Residential			Unallocated		Total
Allowance for credit losses:
Beginning balance	$	4,168		$	2,783		$	28		$	3,335		$	789	$	11,103
Charge offs		(882	)		(230	)		(25	)		(1,633	)		-		(2,770	)
Recoveries		58			2,483			1			547			-		3,089
Provision		3,713			(2,252	)		31			244			1,014		2,750
Ending balance	$	7,057		$	2,784		$	35		$	2,493		$	1,803	$	14,172
Ending balance ALLL for receivables individually evaluated for impairment	$	2,988		$	814		$	-		$	1,192		$	-	$	4,994
Ending balance ALLL for receivables collectively evaluated for impairment	$	4,069		$	1,970		$	35		$	1,301		$	1,803	$	9,178
Financing receivables
Ending balance	$	170,429		$	307,905		$	3,508		$	116,153		$	-	$	597,995
Ending balance receivables individually evaluated for impairment	$	6,590		$	21,747		$	-		$	13,804		$	-	$	42,141
Ending balance receivables collectively evaluated for impairment	$	163,839		$	286,158		$	3,508		$	102,349		$	-	$	555,854